Rensselaer Semi-Weekly Republican, Volume 36, Number 98, Rensselaer, Jasper County, 2 August 1904 — New Rate Schedule. [ARTICLE]

New Rate Schedule.

The supreme lent, Knights of the Maooabees of the World, Saturday at Detroit adopted the new schedule of rates recommended by the oommittee on laws. Whole life insurance will uereafter be furnished new members at rates ranging from 85 cents per thousand dollars of insmanoe at the age of 18 to $2.75 at the age of 50. Present members may reiate themselves to the new rate for whole life protection or may continue their inorease in force at present rates until the age of 55 after which they mast pay at the rate of $3 per month. The new schedule also provides a table of rates for protection up to the age of 55 years ranging from a monthly rate of 60 oents per thousand dollars of insurance at the age of 18 years to $2 per thousand from 48 years to the end of term. Those members taking insurance under the term plan will pay $3 per month after the age of 55 if they wish to continue their insurance in force. Disability benefits are not to be' paid new members, but will be given to all present members who stay on the present plan to the age of 65 and then pay $3 per month, thereafter.